The Panama Canal Authority (ACP) has been forced to lower the maximum draft of vessels transiting the expanded Panama Canal’s...
The MSC LORETO, one of the largest containerships in the world with a loading capacity of 24,346 TEU, has been...
China’s Seacon Shipping has embarked on a fleet modernization program by ordering two multi-purpose vessels at a total cost of...
“Second-hand crude tanker values for five-year-old ships hit bottom levels in late 2020 and have since increased by an average...
The European Sea Ports Organisation (ESPO) is once again calling for the EU to take action to prevent and penalize...
German liner company Hapag-Lloyd has completed its acquisition of 40% shareholding in J M Baxi Ports & Logistics Limited (JMBPL)...
The current slowing in the global container markets has done little to slow carriers’ appetite for new capacity. BIMCO in...
Brookfield Infrastructure Partners LP agreed to buy Triton International Ltd., the world’s largest owner of intermodal shipping containers, for $4.7...
Germany is reviewing its decision to allow China’s Cosco to take a stake in one of logistics company HHLA’s three...
International shipping freight rates, which had fallen below break-even levels, have recently shown signs of recovery although they remain at...
© 2021 Shippingposition